The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s ophthalmic microscope market report forecasts the ophthalmic microscope market size to grow to $1.96 Billion by 2027, with a CAGR (compound annual growth rate) of 9.0%.

Learn More On The Ophthalmic Microscope Market Report 2023 – https://www.thebusinessresearchcompany.com/report/ophthalmic-microscope-global-market-report

Ophthalmic Microscope Market Size Forecast
The global ophthalmic microscope market is expected to grow from $1.26 billion in 2022 to $1.39 billion in 2023 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global ophthalmic microscope market size is expected to reach $1.96 billion in 2027 at a CAGR of 9%.

North America held the largest ophthalmic microscope market share, and Asia-Pacific was the fastest-growing region in 2022.

Key Ophthalmic Microscope Market Driver ­– Increase In The Prevalence Of Eye Diseases Such As Vision Impairment
According to the World Health Organisation, a Swiss-based specialised health body of the United Nations, at least 2.2 billion individuals worldwide suffered from near or far vision impairment in October 2022. Furthermore, according to the Centres for Disease Control and Prevention (CDC), a US-based government body, 17.2% of Americans over the age of 40 have a cataract in at least one eye (about 20.5 million individuals) in December 2022, with a projected 30 million people affected by 2028. As a result, the ophthalmic microscope is being driven by the rising prevalence of eye illnesses.

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Key Ophthalmic Microscope Market Trend – Advancements In The Products
To maintain their market position, major players are releasing innovative products such as Konan Medical’s CellChek 20. For example, Konan Medical, a US-based maker of ocular diagnostic equipment, will release the CellChek 20 specular microscope in September 2020. A specular microscope for ophthalmology and optometry is the new product. The product’s uniqueness is that it is regarded as the gold standard for cellular imaging and has various features such as a wider imaged area, greater picture clarity, and guttate identification and redaction from cellular calculations.

Ophthalmic Microscope Market Segment
1) By Type: Optical, Digital, Other Types
2) By Modality: Ceiling-Mounted, Table-top, Wall-Mounted, On Casters
3) By Application: LASIK Surgery, Cataract Surgery, Keratoplasty Surgery, Trabeculectomy, Other Applications
4) By End Use: Hospitals, Ambulatory Surgical Centers, Other End Users

Ophthalmic Microscope Market Major Players and Strategies
Major players in the ophthalmic microscope market are Alcon Inc., Carl Zeiss Meditec AG, Leica Microsystems GmbH, Topcon Corporation, Haag-streit Holding AG, Takagi Seiko Ltd., Karl Kaps GmbH & Co. KG, Seiler Instrument Inc., Rexam Co. Ltd., Orion Medic, Inami & Co. Ltd., Alltion (Wuzhou) Co. Ltd., Prescott’s Inc., Revenio Group Corporation., TTI Medical Inc., and US Ophthalmic LLC.

Evident Corporation was acquired for an unknown sum by Bain Capital Private Equity, a private investment firm based in the United States, in April 2023. The acquisition enabled Bain Capital to explore new development potential in product innovation and expanded its footprint in newer geographies. Evident Corporation is a maker of ophthalmology microscopes and other life science microscopes situated in the United States.

The Ophthalmic Microscope Global Market Report 2023 covers regional data on ophthalmic microscope market size, ophthalmic microscope market trends and drivers, opportunities, strategies, and ophthalmic microscope market competitor analysis. The countries covered in the ophthalmic microscope market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A specialised microscope used in ophthalmology, which is the branch of medicine dealing with the diagnosis, treatment, and prevention of eye illnesses and diseases, is referred to as an ophthalmic microscope. It aids the eye surgeon at all stages of cataract surgery, allowing them to work more efficiently and precisely.

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